What best describes Hitler's economic system?

[steyr_m]

When AH took power in Germany in '33, the German economy was in shambles. Within a few years it was the power-house of Europe. It was done without gold or by borrowing from a central bank. This is why I feel WW2 actually started.

I believe I brought this up in a different way in an earlier topic; but the question is: What best describes Hitler's economic system? I thought it would be Social Credit; but I looked at it quickly at wiki and there's no reference.

[joe_momma]

Ponzi or Kleptocrat - both appluy

AH's Germany was technically bankrupt by 1935 - but kept afloat by printing money (something ordinary Germans had a strong revulsion to) and theft - initially internal property confiscation, then nationalizing the factories (both price and production controls). The need to fund the rearmament program led to the re-occupations and "liberations" - ultimately, AH got pinched by petroleum (aka energy costs) - Ploesti wasn't supplying the needs, and those nasty Brits/Americans had already locked up the Persian Gulf. The tour of "Southern Stalin Resorts Cities" was in large part driven by the Southern Caucasus oil reserves.

AH early expansion could almost be described as "floating checks" the need to get the national bullion piles kept the scheme going. (Later the official exchange rate between Marks and "subject nation" currencies allowed them to extract wealth in a more sustainable fashion.

By the time of Barbarossa, AH was again technically bankrupt - the choice to rape the Ukraine was in part driven by the need for the Nazi government to cover their external debts (BTW - Nazi is a shortening for National Socialist Party for those Liberal Arts Professors/Students who may be reading - Nazis were socialists not Republicans).

During the second was of anti-German encirclement, the Germans were increasingly hard pressed to cover the costs of programs - by the time the slaughter in the camps ramped up, the property of the deceased really was only just covering the costs associated with the liquidation of the undesirables. (Granted corruption and theft played a role, not to mention the humans in the ghettos had already been bled dry just trying to purchase food.)

[gunDriller]

i think a key feature is that he kicked Jews out of key positions in banking & government.

somehow he managed to breathe some life into the German economy, post-Weimar.

but Adolf also had a lot of support from Wall Street and other geopolitical forces outside of Germany. when he allied himself with the pro-Israel crowd, he scored some major brownie points with that crowd.

i think he blew it when he decided to invade neighboring countries.

but i grew up in America, brainwashed. i actually don't understand 1930's Germany even though i've spent many hours sitting in classrooms hearing about how horrible they were.

[Awoke]

but i grew up in America, brainwashed.

We all did, brother.

[steyr_m]

but i grew up in America, brainwashed.

We all did, brother.


Yep,

One of my favourite movies of all time is Braveheart. Lots of good things in that movie. One quote in it is "It's the winners of wars that write the history books." By extension, who gets to make the movies and documentaries. That's why it's hard to find things writing from the German side of the '30's. They don't people to know that they were doing the right thing.

[cthulu]

What Joe mamma wrote makes a lot of sense and points out a key failure in ah's scheme-- too much too fast. It seems clear to me that the us-Israeli-uk regime today has used a more slow but sure method while continuing the agenda and schemes of fascism.

[Hermie]

"What best describes Hitler's economic system?"

Effective.

[Ponce]

After Herr Hitler got rid of the "Jews" who were controling everything Germany was able to make a recovery, why can't we do the same?

[Santa]

I really don't know either since history is so manipulated, but here's what I think happened.

My very condensed version.

Hitler was a loudmouthed little psychopath placed in power by the International Banksters( Zionist Jews), wherein they came in with gold, built up a war manufacturing infrastructure using their Brit and American Corporations(the same ones who have recently stolen everything from US), plundered German natural resources, made a shit load of profit, then pulled out, taking all their gold and profit with them. Then they bombed the shit out of the place to destroy evidence and covered up the trail with mass killings, lies and deception.

So, my favorite euphemism to best describe the phenomena would be International Corporatism.

[Hatha Sunahara]

Here's a blurb from Wikipedia on Nazi Economics and finance:


Early in his political career, Adolf Hitler regarded economic issues as relatively unimportant. In 1922, Hitler proclaimed that "world history teaches us that no people has become great through its economy but that a people can very well perish thereby", and later concluded that "the economy is something of secondary importance".[1] Hitler and the Nazis held a very strong idealist conception of history, which held that human events are guided by small numbers of exceptional individuals following a higher ideal. They believed that all economic concerns, being purely material, were unworthy of their consideration. Hitler went as far as to blame all previous German governments since Bismarck of having "subjugated the nation to materialism" by relying more on peaceful economic development instead of expansion through war.[2]

For these reasons, the Nazis never had a clearly defined economic programme. The original "Twenty-Five Point Programme" of the party, adopted in 1920, listed several economic demands (including "the abolition of all incomes unearned by work," "the ruthless confiscation of all war profits," "the nationalization of all businesses which have been formed into corporations," "profit-sharing in large enterprises," "extensive development of insurance for old-age," and "land reform suitable to our national requirements"),[3] but the degree to which the Nazis supported this programme in later years has been questioned. Several attempts were made in the 1920s to change some of the program or replace it entirely. For instance, in 1924, Gottfried Feder proposed a new 39-point program that kept some of the old planks, replaced others and added many completely new ones.[4] Hitler refused to allow any discussion of the party programme after 1925, ostensibly on the grounds that no discussion was necessary because the programme was "inviolable" and did not need any changes. At the same time, however, Hitler never voiced public support for the programme and many historians argue that he was in fact privately opposed to it. Hitler did not mention any of the planks of the programme in his book, Mein Kampf, and only talked about it in passing as "the so-called programme of the movement".[5]
Hitler's views on economics, beyond his early belief that the economy was of secondary importance, are a matter of debate. On the one hand, he proclaimed in one of his speeches that "we are socialists, we are enemies of today's capitalistic economic system",[6] but he was clear to point out that his interpretation of socialism "has nothing to do with Marxian Socialism," saying that "Marxism is anti-property; true Socialism is not."[7] At a later time, Hitler said: "Socialism! That is an unfortunate word altogether... What does socialism really mean? If people have something to eat and their pleasures, then they have their socialism."[8] In private, Hitler also said that "I absolutely insist on protecting private property... we must encourage private initiative".[9] On yet another occasion he qualified that statement by saying that the government should have the power to regulate the use of private property for the good of the nation.[10] Hitler clearly believed that the lack of a precise economic programme was one of the Nazi Party's strengths, saying: "The basic feature of our economic theory is that we have no theory at all."[11] While not espousing a specific economic philosophy, Hitler employed anti-semitic themes to attack economic systems in other countries, associating ethnic Jews with both communism ("Jewish Bolsheviks") and capitalism, both of which he opposed.[12][13] Hitler also believed that individuals within a nation battled with each other for survival, and that such ruthless competition was good for the health of the nation, because it promoted "superior individuals" to higher positions in society.[14]

http://en.wikipedia.org/wiki/Economy_of_Nazi_Germany

Hitler nationalized the banking system. He had it print money that it provided to the government interest free. Hitler eliminated usury from Germany. In my view, this was one of the very few good things he did for Germany.


Personally I think he replaced usury with 'theft by the government'. Consider that his program to have all Germans driving a car resulted in the Volkswagen, which workers could buy on the savings plan. They contributed money from their paychecks, and a few years later they were supposed to get the Volkswagen they were paying for. Unfortunately, the war interfered with consumer demand, so very few people who paid got their VWs.

Hatha

[Hatha Sunahara]

Here's an even better link describing Fascist Economics:

http://en.wikipedia.org/wiki/Economics_of_fascism

Hatha

[Libertarian_Guard]

Anyone interested in this period should read "The Road to Serfdom" Hayek covers this period in Germany history rather extensively.

[Book]

Hitler was a loudmouthed little psychopath placed in power by the International Banksters...



http://www.youtube.com/watch?v=ZGCMICa65q0

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[Santa]

Hitler was a loudmouthed little psychopath placed in power by the International Banksters...



http://www.youtube.com/watch?v=ZGCMICa65q0

:oo-->


Exactly, just like Obona today, talking about change as the Banksters fleece the populace here.